D&H India: Madhusudan Jain Increases Stake to 0.74% Through Additional Purchase

2 min read     Updated on 07 Apr 2026, 11:58 AM
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Reviewed by
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AI Summary

Former promoter Madhusudan Jain has progressively increased his shareholding in D&H India Limited to 0.74% through multiple open market acquisitions since March 31, 2026. His latest purchase of 13,269 shares on April 6, 2026, follows previous acquisitions and demonstrates continued investment in the company after the expiry of restrictive clauses.

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Madhusudan Jain, a former promoter of D&H India Limited, has further increased his stake in the company through another additional open market purchase. On April 6, 2026, Jain acquired 13,269 equity shares, bringing his total shareholding to 0.74% from the previously held 0.61%.

Latest Share Acquisition Details

Jain's most recent acquisition involved 13,269 equity shares of D&H India Limited through BSE's trading platform on April 6, 2026. This additional purchase represents a 0.13% increase in his shareholding, taking his total stake to 0.74%.

Parameter: Details
Shares Acquired: 13,269 equity shares
Additional Shareholding: 0.13%
Total Shareholding: 0.74%
Acquisition Date: April 6, 2026
Mode of Acquisition: Open Market Purchase
Trading Platform: BSE

Progressive Shareholding Pattern

Jain's shareholding in D&H India Limited has shown consistent growth following his return as an investor. The former promoter, who was reclassified as a public shareholder in February 2023, has made multiple acquisitions since the restrictive clause expired on March 31, 2026.

Acquisition Date: Shares Acquired: Total Shares: Percentage Holding:
April 1, 2026: 51,267 51,267 0.50%
April 2, 2026: 11,115 62,382 0.61%
April 6, 2026: 13,269 75,651 0.74%

Regulatory Framework and Background

The acquisitions became possible following the expiry of a restrictive clause that had been in effect since March 24, 2021. Under the Shareholders Agreement between continuing promoters, outgoing promoters, and D&H India Limited, outgoing promoters were restricted from buying company shares directly or indirectly from the open market without written consent from continuing promoters. This restrictive clause expired on March 31, 2026.

Jain's status had been reclassified from promoter to public shareholder in February 2023. D&H India Limited had informed BSE through letter No. D&H/CS/22-23/70 dated February 14, 2023, that they received approval via BSE Letter No. LIST/COMP/RK/490/2022-23 dated February 14, 2023, for reclassifying the status of specified promoters as public shareholders.

Company Capital Structure

D&H India Limited's equity capital structure remains unchanged following these transactions. The company maintains its total equity capital of Rs. 10,23,50,000, comprising 1,02,35,000 shares of Rs. 10.00 face value each. All acquisitions represent transfers of existing shares rather than any new issuance.

Compliance and Disclosure

The latest acquisition has been disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as a voluntary disclosure. Jain, currently classified as a non-promoter public shareholder, is based in Indore and completed the necessary regulatory filings on April 7, 2026, for the April 6 acquisition. The disclosure was submitted to BSE's Corporate Relations Department with proper documentation and digital signatures.

Historical Stock Returns for D&H India

1 Day5 Days1 Month6 Months1 Year5 Years
+4.94%+15.02%+32.13%+82.68%+45.73%+1,974.81%

Will Madhusudan Jain continue accumulating shares to reach the 5% threshold that would trigger mandatory disclosure requirements?

Could Jain's increasing stake signal a potential attempt to regain promoter status or influence in D&H India's strategic decisions?

How might other former promoters react to Jain's share accumulation strategy now that restrictive clauses have expired?

D&H India Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 02 Apr 2026, 10:49 PM
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AI Summary

D&H India Limited filed its mandatory SEBI compliance certificate for Q4 FY26 with BSE on April 2, 2026. The certificate from registrar Ankit Consultancy Private Limited confirms proper dematerialization procedures and regulatory compliance during the quarter ended March 31, 2026. The filing demonstrates adherence to securities market regulations and proper shareholder record maintenance.

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D&H India Limited has submitted its quarterly compliance certificate to BSE Limited under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing was made on April 2, 2026, ensuring timely compliance with regulatory requirements.

Regulatory Compliance Details

The certificate was issued by Ankit Consultancy Private Limited, which serves as the company's Registrar and Share Transfer Agent. The document confirms that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories.

Parameter: Details
Filing Date: April 2, 2026
Quarter Ended: March 31, 2026
BSE Scrip Code: 517514
BSE Scrip ID: DHINDIA
Registrar: Ankit Consultancy Private Limited

Dematerialization Process Confirmation

Ankit Consultancy Private Limited, holding SEBI Registration Number INR 000000767, provided comprehensive confirmation of compliance with dematerialization procedures. The registrar confirmed that:

  • All securities received from depository participants during the quarter were properly accepted or rejected
  • Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialization were mutilated and cancelled after due verification
  • Names of depositories were substituted in the register of members as registered owners within the stipulated 15-day period

Corporate Information

D&H India Limited operates with its head office and correspondence address at Plot 'A', Sector 'A', Industrial Area, Sanwer Road, Indore - 452015, Madhya Pradesh. The company's registered office is located at A-204, Kailash Esplanade, Opp. Shreyas Cinema, L.B.S. Marg, Ghatkopar (W), Mumbai - 400086, Maharashtra.

The filing was signed by Rajesh Sen, Company Secretary of D&H India Limited, with digital signature authentication completed on April 2, 2026. This quarterly submission demonstrates the company's commitment to maintaining transparency and regulatory compliance in securities market operations.

Historical Stock Returns for D&H India

1 Day5 Days1 Month6 Months1 Year5 Years
+4.94%+15.02%+32.13%+82.68%+45.73%+1,974.81%

How might D&H India's consistent regulatory compliance impact investor confidence and institutional investment interest in the upcoming quarters?

What potential operational or strategic changes could D&H India implement following the completion of this dematerialization process review?

Will D&H India's partnership with Ankit Consultancy Private Limited as registrar continue, or are there plans to evaluate alternative service providers?

More News on D&H India

1 Year Returns:+45.73%